USDCAD Daily Analysis – March 28, 2017

by ForexCycle.com | March 28, 2017 3:43 am
USDCAD is facing 1.3409 resistance, a break of this level will confirm that the downtrend from 1.3535 had completed at 1.3264 already, then the following upward movement could bring price to 1.3600 area. On the other side,...

USDJPY Daily Analysis – March 28, 2017

by ForexCycle.com | March 28, 2017 3:42 am
USDJPY’s downward movement from 115.50 extended to as low as 110.11. Deeper decline it still possible and next target would be at 109.00 area. Near term resistance is at the top of the price channel on 4-hours...

AUDUSD Daily Analysis – March 28, 2017

by ForexCycle.com | March 28, 2017 3:41 am
AUDUSD stays in the descending price channel on 4-hours chart and remains in downtrend from 0.7749. Further decline is still possible after a minor consolidation, and next target would be at 0.7550 area. Resistance is at 0.7648,...

GBPUSD Daily Analysis – March 28, 2017

by ForexCycle.com | March 28, 2017 3:41 am
GBPUSD continued its upward movement from 1.2109 and the rise extended to as high as 1.2615. Near term support is at the bottom of the price channel on 4-hour chart. As long as the channel support holds,...

EURUSD Daily Analysis – March 28, 2017

by ForexCycle.com | March 28, 2017 3:40 am
EURUSD’s upward movement from 1.0494 extended to as high as 1.0905. Further rise is still possible after a minor consolidation and next target would be at 1.0950 area. Near term support is at the bottom of the...

USDCAD Daily Analysis – March 27, 2017

by ForexCycle.com | March 27, 2017 2:22 am
USDCAD moved sideways in a trading range between 1.3264 and 1.3409. Resistance is at 1.3409, a break of this level will confirm that the downtrend from 1.3535 had completed at 1.3264 already, then the following upward movement...

USDJPY Daily Analysis – March 27, 2017

by ForexCycle.com | March 27, 2017 2:21 am
USDJPY continued its downward movement from 115.50 and the fall extended to as low as 110.25. Further decline is still possible after a minor consolidation and next target would be at 109.00 area. Near term resistance is...

AUDUSD Daily Analysis – March 27, 2017

by ForexCycle.com | March 27, 2017 2:19 am
AUDUSD remains in downtrend from 0.7749. Further decline could be expected in a couple of days and next target would be at 0.7550 area. Resistance is at the top of the price channel on 4-hours chart, only...

GBPUSD Daily Analysis – March 27, 2017

by ForexCycle.com | March 27, 2017 2:18 am
GBPUSD stays in a ascending price channel on 4-hour chart and remains in uptrend from 1.2109. As long as the pair is in the channel, the uptrend could be expected to continue and next target would be...

EURUSD Daily Analysis – March 27, 2017

by ForexCycle.com | March 27, 2017 2:17 am
EURUSD’s upward movement from 1.0494 extended to as high as 1.0849. Further rise is still possible in a couple of days and next target would be at 1.0900 area. Near term support is at the bottom of...